SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : JDS Uniphase (JDSU)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: FlameMe who wrote (10163)5/11/2000 12:07:00 AM
From: Hank Stamper  Read Replies (1) of 24042
 
rossmrm,

"PS. Just read your last post to djia and agree totally. I remember that 98 selloff and it is starting to feel just like that."

If this is like the 98 selloff, then there would have to be no inflation and no Fed rate increases. In 98, the selloff was sparked, in a great way, by the Asian crisis. The Fed stepped up to the plate slammed through a series of rate drops from an already historically low level. The Fed also opened up the money supply floodgates. The Fed saved, probably, the world economy.

Then, it was good to buy during the market selloff.

This ain't nothing like 1998. It is more like 1968. Really, I am not BSing this. Read up on it.

With regard,
David Todtman
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News